Versatile Strip Center in
2104 S McColl Rd Edinburg, TX 78539
For Sale
$2,950,000
9,622 SF strip center suitable for various businesses.
Property Size9,622 SF
Lot Size1.00 Acre
Price / SF$306.59
Days on Market114
Property Features for 2104 S McColl Rd
General Information
- Standard status
- Active
- Size
- 9,622 SF
- Lot size
- 1.00 Acre
- Property subtype
- Retail
Building Details
- Year Built
- 2019
Listing Agency:
(956) 227-8000
Listed By:
Laura Liza Paz, SIOR · License #TX #437175
(956) 227-8000
Source:
Naiglobal
Added: Apr 1
Changed: Jul 10
Last Checked: Jul 23 at 4:41AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Laura Liza Paz, SIOR
Investment Insights
Based on property information with market context.
This strip center offers an opportunity for office, retail, medical, or professional service users in a McAllen location. The property features 9,622 square feet of space, situated on 1.00 gross acres. It is suitable for tenants seeking a buildout to suit their specific business needs. Located minutes from The University of Texas, the location benefits from consistent traffic, convenient access, and proximity to surrounding retail, dining, and service amenities. The center is designed for functionality and accessibility, with ample on-site parking to accommodate both clients and employees. This property provides a chance to establish or expand a presence in a commercial corridor, offering visibility, exposure, and a flexible layout that supports a variety of business operations.
Key Highlights
- High‑visibility location in McAllen, ideal for attracting customers.
- Versatile 9,622 square feet of space suitable for office, retail, medical, or professional services.
- Ample on‑site parking for clients and employees.
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $167.4k | $17.40 |
| − Vacancy | −$14.2k | −$1.48 |
| EGI | $153.2k | $15.92 |
| − OpEx | −$46.0k | −$4.78 |
| NOI | $107.2k | $11.14 |
9,622 SF · lease $17.40/SF/yr · vacancy 8.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.53M
$1.34M – $1.79M
NOI $107,234 @ 7.0% cap · market cap 3.64%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.50M
$2.18M – $2.91M
NOI $174,766 @ 7.0% cap · market cap 5.92%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Strip malls
FAQs
What type of property is this?
Strip mall - 9,622 SF strip center suitable for various businesses.
Where is this strip mall located?
The property is located at 2104 S McColl Rd Edinburg, TX.
What is the asking price?
The asking price for this property is $2,950,000.
What are key features of this property?
This property features: High‑visibility location in McAllen, ideal for attracting customers.; Versatile 9,622 square feet of space suitable for office, retail, medical, or professional services.; Ample on‑site parking for clients and employees.
